May 10th, 2022 (Atlanta, Georgia) – The Aubrey Corporation, owner of ±19,500 acres in Cartersville, Georgia (within Bartow and Cherokee Counties), announced today that they have tapped Jim Ramseur, Executive Vice President, and Partner at Lee & Associates – Atlanta, and his team with the disposition of the entire corporation’s portfolio. The holdings consist of parcels that are slated for a variety of land uses, including Timber / Recreational green space, Industrial, Single-Family Residential, Multi-Family…
LEE IN THE NEWS: Lee & Associates ATL hires Dan Wagner as Chief Data Officer
April 26th, 2022 (Atlanta, Georgia) – Lee & Associates – Atlanta (Lee Atlanta) is thrilled to announce the addition of Dan Wagner as Chief Data Officer (CDO), effective April 27th, 2022. Mr. Wagner is a highly respected industry veteran who brings 25 years of commercial real estate experience and a wealth of knowledge to the Lee Atlanta office. Dan’s previous experience includes research leadership roles at (formerly) Grubb & Ellis and CBRE, where he most…
Q1 2022 SAVANNAH INDUSTRIAL MARKET REPORT
The Savannah industrial market has seen record growth in the last year as the vacancy rate dropped below 2% and under construction eclipsed 23 MSF in Q1 2022. As e-commerce continues to dominate shipping demands, Savannah’s port now provides more accessibility to larger ships due to a recently finished dredging project that has expanded and deepened the Savannah Harbor. The newly completed dredging has altered 32 miles of the Savannah River and will now accommodate…
Q1 2022 ATLANTA INDUSTRIAL MARKET REPORT
The Atlanta Industrial market continues to see tremendous growth as we enter 2022. Net absorption has dipped to 2.9 MSF in Q1-2022 due to supply delays for racking systems and interior buildouts. The consistently low vacancy rates have allowed landlords to push the average asking rental rate over 10% in the last year as it currently sits at $7.10 per square foot. The under-construction pipeline has increased dramatically in the last year as it has…
Q1 2022 ATLANTA OFFICE MARKET REPORT
The Atlanta office market continues to combat the lingering effects of the pandemic as the vacancy rate has increased 40 basis points in the last quarter and net absorption has decreased over 1.4 MSF from Q4-21 to Q1-22. Sales activity has skyrocketed entering the new year as the sales volume for the first quarter of 2022 reached $900M, in comparison to the $250M that took place at the end of 2021. Under construction provides some…
LEE IN THE NEWS: Cori Nuttall Earns CCIM Designation
April 18th 2022 (Atlanta, GA): Lee & Associates is pleased to announce that Cori Nuttall, a Director in the Lee Atlanta office, has earned her designation as a Certified Commercial Investment Member (CCIM). Ms. Nuttall joins other CCIM members in the Lee Atlanta office such as Rick Tumlin, CCIM, SIOR, John DeCouto CCIM, and Allen Eager, CCIM. Lee & Associates Atlanta’s President & CEO, David Howard, says “Cori has shown her commitment to our industry by…
LEE IN THE NEWS: Lee & Associates Hires Multi-Media Specialist Kaleb East
April 15th (Atlanta, GA): Lee & Associates – Atlanta is thrilled to announce that we have hired Kaleb East as our first Multi-Media Specialist! A visual storyteller, Kaleb will be handling video editing, photography, drone imagery, and more to continue to elevate Lee Atlanta’s Marketing capabilities. Check out his video below to learn more about Kaleb & what he will be bringing to the team!